shelby3

DOGE Elliot Waves

BITTREX:DOGEUSD   Dogecoin
DOGE seems to have the same problem as other altcoins that explode 50 -- 200+ times from the 2020 lows. The most recent 2nd wave is below the 61.8% Fib retracement of the wave 1, thus the 4th wave must come back down below the top of wave 1. This limits their upside in 2022 as annotated in this chart. Let’s observe is the posited wave 1 and 2 are actually part of an incoming great a-b-c decline, which is the only way said limitation on upside could be invalidated.

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